69ce442e2090fd5ed22cc354
South Africa

2

Beds

2

Baths

4

Parking

12,498 m²

Floor area

12,498 m²

Stand size

Commercial 2 beds 2 baths 12,498 m²

About this property

A prime 1.25-hectare (12,498 sqm) road-facing parcel in the heart of Austin View. The site is currently improved with two main structures: a large auditorium used for worship and a separate staff quarters building with four rooms. A significant added feature is an income-generating network mast. Strategically positioned, the property offers excellent proximity to Rabie Ridge, Ebony Park, hospitals, and schools, ensuring easy accessibility. While currently utilized for religious purposes, the land is zoned Residential, presenting a compelling redevelopment opportunity. Potential uses include multi-residential dwelling, auto workshop, retail, industrial, or commercial.

Rooms & layout

Room × 5
Bedroom × 2
Bathroom × 2
Garage × 4

Features & amenities

Network mastIncome generatingRedevelopment opportunityRoad facingReligious useAuditoriumStaff quartersProximity to schoolsProximity to hospitals

Price & ownership

Asking price R 2 200 000
Price per m² R 176
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 2,2M
Taxes + legal + admin fees R 88,8K

Rough split: 96.1% purchase price, 3.9% buying costs.

  • Asking price R 2 200 000
  • Transfer duty (est.) R 45 786
  • Deeds Office (transfer) R 1 912
  • Conveyancing (est., incl. VAT) R 41 045
  • Deeds lodgement R 52
  • Total indicative R 2 288 795

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 20 775 /month

Total paid over 20 years (deposit + repayments): R 5 206 065

Deposit 10% · R 220 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 1 980 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.